c...� - 4 �:`i,��'�1���`z. �-- ---- - -- - ---- , ---- `. - ----: _
<br /> � � R �_ . . -` . -
<br /> _ �
<br /> .� ' _ _ _ . '' . _ `� .. � .� . "' _ . _ . . '" _ .
<br /> �. . . .. � . . r�a r r. . .. . . . ....._ . _ -_ _
<br /> - , � . -
<br /> ,. . . � _ . .. � ,. _ . ., t �-. — _ _ -
<br /> -.� . .-. - . ' -` '- - -.— . _.._ . ". ",_. ._ -------- ..
<br /> ._ - ' 1�J.5S4 " FJa���l. ._.-.. '"' ._."t .._.. ..`-
<br /> ��� . . . � - . ` � .
<br /> -� - . � .. . . . . . . . ... C . . '
<br /> ' : � :._ ._ .� , ` �\ . ' .. . . � � . i L. .
<br /> ,���._:.s.i•.�s- �1�1� :' . . . wf� (/j�
<br /> . _-�_.�'�'_-- _" __'____ " .. _ . - �. . ... . _ ._ _ - -. _ (. . _ . . �L� ��� i����= . _"
<br /> '�1���1�IC l�[OVC�S OOM�Of�1ElC�l�t[CCIOd 011�E Q[��ix.i0�� Ld�lllSf.�lkd�OR•�` . `
<br /> fI�Y[Ci IfOMI Oi bEtE�R i�tt OF t�IG �1l�0�lRjl. �) � illd �3�OM 5�� vSQ �G COYC��I_1�N3 $�CY[IC� .
<br /> -- I�..AII.ot�hc forcgoi�is iefcRed tu in tl�is Socutiry InstNment u thc'Ptupaty' ` � `• �
<br /> -- BOItROWEEt COVENAN'I'S tlut Bormwrr is lawfuily scised a5'the est�te hereby oonvcycd:u�d h�s thc�right Io grant aud .
<br /> - --- -=::� oonvcy ttje property and�liat tlsc t�mpecty is une�xvmbered.ea�rept for encumbcurces uf�ocord. Borroarcr war�ats artd vrill ,
<br /> - -- ----�� defend gciieralty the titte to thc Prapetty agaiasi ali ctaum and dem�nds,su6jcct co�ny enc�mbranc�of tecocd. � �
<br /> -- __�_:�� THIS SECIIRiTlt INSTRUI1aEl�t combines uaiform covenu�ts for n�tionat use and romp�iform mven�ots wi[h limitad . -
<br /> . -�-.� vari�tions by jurisdiction to wnstitute a unNomi sc4vrity inst�vmcnt rovering r�eai property.
<br /> _ -- -- --- � ^- --- . _ __ _
<br /> -��'�� UNI�OttM CdVENAN'C5:Bormwer�iroder cov�nant atid agrce as faitows: '
<br /> .•' 1. P�ay�neat oi Pttadpd aed IAterest=,Pi'epa�aie�t and i.�te Char�es. Bomower shall P��Y P�Y whex�due the
<br />-�� -= princYpat of vid inte�est on ti�e deb!evidencai Ay the Nate and�►y pre{rayment and late charges due uador ti�c Note.
<br /> . - 2.Faods[a Taus and Iasurame Subject w applicabte law or to a writtert waiver bp i,enckr.Borrowe�shall Qay ta
<br /> i.eader on ihe day monthly payments ane due uader the Nae.until the Nae is pai¢in fu!{.a sum('Funds")for.,�a�yeu�y w�s
<br /> � - and assesm�a�ts which may attaia priority aver this Secarity Instiumenc as a liert oo ti�e PropeRy;(b)yeulY iea�otd PaYmeots-
<br />- `' . ur nmts on the �f any:Ec)Y�Y[�rd or pmpecty inwrrnce premiums;(d}Y�Y�i��Premiums,
<br /> '.: .� � p�n}':.
<br />���r;::- r. ` ,� if any:(e)yeariy mortgage insumnce premiums,if any:and(1?any sums payable by Borrawe�w tcider.in acxocd�nce with
<br /> .lY.'':' ��-: _ • . -
<br />;�:;��•: - - -- the Qravisio�of paragraph 8,in lieu o€[be paysnent of mo�age ins�ira�ce�praniums.These itea�are calted Escraw Iuias_ _- - -
<br />. z: `�' Leader may,at any time.ooUect aad hotd Futjds im an amount oot to exceea tt�e.m�imum amount�lender for a fedenity =,=� _.
<br /> - - - �. {�;�;_�'?:x: � • ielated mort � e toan may cec�aire for Borrower's escrow accouat under t�f�derd!Rra!Estatc Scttt�t Procedn�s Act of '-��=_ -
<br /> - ' j+��,:"•;,;.r.', g g �c--==-
<br /> :_�:�_'..�- 19T4 as amended from time to timc,12 U.S.C.Seaion Z601 ei seq. (".RES�A"?,untess anoti�er taw thac applies w the Funds �_-_-,---
<br /> f �. :r . r� �_'-. seis a lesset amount.If sw Lettdes mayt at any Eime.oolled ana�old��3s�:in an amount not w eaoeed the Jesser.amount. �:�-x
<br /> sti �' " �';� Lendec may estim�te ti�e amount of Fands due oa the b�sis of airrent d�=�d reasoaable estimates af eapeadiNtes af fotut�e � �,.�- -
<br /> , .. �� "` Escrow Items or otherause in accordancc with appticable taw. -; ' -: � � , g.�y =
<br /> ,. .. ,:����. �_
<br /> :..�,�•:.�_:.;,,. _ :. The Funds s6a11_be 6eld in an institution whose deposits are insur�d�fry a federal ageacy. insuumeptaliry, or entity �
<br /> �., � ''•` '"' � ' (iacluding�.ender,if Ixndcr is such an institutiony ar in any Fedeni Aqme Loan Bank.icnder shail appty the Funds to pay the �,,.' x-
<br /> < ..�, _.,, ,4
<br /> �'" • E s c row Icem�l.e n der may not c h a r ge B arrower for h o l din g a c�a{r�:�±g t h e F u n d s,a n n u a l t y a n a l y z i n g t h e e s c r o w a o�m n t,o r , `���;
<br /> � ��,,,,,,,�... verifying the Escrow Items.unless lender pay_s Bormwer inte�;'t o��Funds and applica6le!aw pemtits L.endcrto makesvch _ _. 4 -_
<br /> � . �s:fi,..'. , . a ehazge.However,l,ender may rcquire Borrower to pa�r a o�-ti�a�+?%�far.an independerit real estate tax reporting service "-
<br /> ' •;:`�;;'.�; ,:., . . . used by l�ender in connutian.with this 1oan, untss applipb?e law prpv�aherwise. Unless an agreement is made or �; ,
<br /> i intea to be aid Lendar st�aik tiot be: "'�tu '�cmwer an interest or earnings on the Funds. "`''' f `�;
<br /> .�.rt;;�� . appticable taw requ ns tc�zst p , c�- �ay Y :�,t,_.� F�->�.
<br /> �;:'�! ., Barrower and I.ead c��s `�; �r�r���=_
<br /> er ma�agree in wsita�g.however.that imer�slsail be paid�on the Fands.�..ender shall g[ve to Bormwer, ! �,�.:•`,`:s t��:-;;��g
<br /> i;y�r'�.� . . _.�-`.`.;',;:;�r:T��'.�:Y �
<br /> );;;:'i' without ci�arge, an an�wa!ataounting of tfie FaIIds.�i:�ae�''s:and debitstet�the Ft�s and the purpose far which eaclt 4: .�:`��.�a�':���_
<br /> �:�.::.,;.; `,.. ,,..;;. r.•.
<br /> • 'i,,;::,1..', : . . debit to the'Fands v�as iet�e.'fhe Fundc are�ptad€od,��.ad�3ua�s�brity far aFC'sums secured by this Security Instnm�ent. '- h�r��;�;;;h"���_�
<br /> f,;,l ; �
<br />. .. .
<br /> �,:...: ... � � If�he Funds heid h�f�endef exceed thc amouc's pe�miMe¢sa iie detd b}�p:ieable law,lrender sha113trount to Borrnwer ;;�,f.. �. �•:..--��-_-
<br /> �.. . , for the excecs Funds in:. . .. . `�. � :"� •
<br /> acoor�tance wit!}the requi�ments of�.��bi�law.If the amount of the Funds he:�by I.ender at a� • 'r` :_-�—
<br /> . time is not sufficient to pay•the EscraA fts�s when due,Lend�arav so notify Borrower in writing,and,in such c�se Bocrowev ,.` �° ���r
<br /> ,. ,..
<br /> ' �. shaU pay to i.ender the amount nec�ssask�ta make up the d��ew.'�:�Borrowcc shall makc up the deficiency in no inaiic�.�� � ; . ;, -�_�'=
<br /> � ��` twetvc monthlY PaYmenu,at l.ender's s�lcdiscnetian. . ` � ' fr,' . . ,,���:��'-��°
<br /> ,, � � lJpon payment in full of all sum.s secured by ehis Security Instrument. i.ender shall Qromptly t�fund to Borrawer any ' � , � �'
<br /> ` Funds held by Lendcr.If.undcr patagraph 21.Lender shall acquirc or sclf thc Praperty.Lend�r.prior to the acquisition or sale �` � '
<br /> , , of the Pcoperty.shall apply any Funds held by Lender at the time of acquisition or sale.a�a"crectit against the sums seeured by ( ' ' -�
<br /> . , �'-' this Security Instrument. � • •_
<br /> . .. �;i:i�r:; --
<br /> 3.Appikatbn ot Payments.Unless applicablc law pravides otherwise,all payments recz;f rd by l.ender under par�grapbs i , _
<br /> � " , 1 and 2 shall be applizd: first,to any prepayment charges dne ander thc Note:second.to artia�nts payable under paragraph 2; .� . - _
<br /> '� � . thitd,to interest duc: fourth,to principal duc:and latit,to any late charges dac undcr thc Natc. ; • '' , . '
<br /> ,.',�':,`•;•;, 4.Cbarges;Liett�. Borcower shatl pay all taxes.acsessmer.ts,charges,fines and impos6tions attritrusa5le tothePre�.�rt}r j . : �.
<br /> ' �"�`''� � which ma attain riarit over this Securit Instrument.and 1c�.�fi�Id a ments ar round rents, if an Borrower sha�3 ' �
<br /> . . . ,,;,;.,.�
<br /> - .:� f y: P Y 9 P Y S Y- �Y [
<br /> � '"�" these o6:"r�ations in thc manner providcd in paragraph 2.or ii nat paid in that manncr,Borrowcr shall pay ihem on time directiy ' , . _
<br /> • • %`r;' �• . ' to thc petson owed paymcnt.Barrowcc shall promptty fumish to l.cndcr all nati:es of amount�to be paid under this paragraph. � •
<br /> �`� ' � � � � If Borrowcr makcs thesc payments directly.Borrowcr shalt pramptly fumish ta�:cndcr receipts evidenciag the payments. ' , � � ` �
<br /> ;�; . .. �.
<br /> ' -`' � �Borrower shall promptly disrhacge any lien wt�icf►ha.c priarity aver this 5eec.*ity Instrumcnt unless Borrower:(a)agces in j . . .
<br /> . �� �„��,, writing to the payment nf the c�blisatian sccurcd by the lien in a ma�ner acccptab!c to l.cnder.{b)contests in g�x�d faith the lien , i ,
<br /> � �•`: by, or defends against enforccment af the lien in, Ieg�l procetdings which in thc l.cndec, opinion aperatc to ptevent the . .;° � '. .
<br /> . .,•
<br /> . : enforcement of thc lien;or(c)secures from thc ho!dcr af thc lien an agrccmer.c.atisiactary to Lender sabordinating the lien to ''` .:�� � .
<br /> � this Sccurity Instrumenc:If Lcndcr dctcrmines that any�•,p�n ot'thc Prt�perty is subjcct to a licn which m.as attain priority over '
<br /> � this Security lnstrusnent. Lcndcr mey givc&irro�c�e an_ice ider.tifying thc licn.&muwcr shall satisSj t��ticn ar take one or . .
<br /> �:'`!., I more of the actions see faqh ahovc within 10 dnys of[F�C,�is�:r�g of nnticc. � !
<br /> ��c�: � , '
<br /> , . Fotm 3028 9l90
<br /> �• vam 2 0�e � ' � , .
<br /> � .,; IAC3019�NEE2
<br /> e , • � , . , ;
<br /> ; :., . � - ._.; . - ,. .- . , r;, .
<br /> , . , . , ,:,'. - , : .
<br /> • • ' . • • • ' �r' . '
<br /> . Ii :
<br /> � � .' ' �� •
<br /> • - ---- --- _ .. _- ----- �
<br /> -- - o
<br /> t. • - .
<br /> _ � • . . .
<br /> ' ' � . ' - ' - • � - -- - - - - ' - - - � �
<br /> - . . . - . -- -- - - : :. • . [ '
<br /> ', - . " ' . . . ---___ � _ _ � , - - _
<br />
|